As you embark on the home buying process, it is important to understand each step of the journey. Below you can find a breakdown of the 7 most important steps in the process.
1. PRE-APPROVAL
A Pre-Approval lets you know how much you can afford to assist both you and your realtor during the search for your dream home!
2. FIND A HOME
Search for the Perfect Home!
3. PROCESSING & UNDERWRITING
Gathering and analyzing important information to get your loan approved!
4. UNDERWRITING APPROVAL
In-depth analysis and preliminary approval of your loan.
5. FINAL APPROVAL
Final Approval for your Loan!
6. CLOSING DOCUMENTS
Collecting and Signing documents to finalize the loan!
7. MOVE IN DAY!
Get the keys and move into your home!
Information provided by Paul Pisaro, Branch Manager at Paramount Residential Mortgage Group.
